Short Interest in SMX (Security Matters) Public Limited (NASDAQ:SMX) Rises By 984.4%

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 3,610,000 shares, a growth of 984.4% from the November 30th total of 332,900 shares. Based on an average daily trading volume, of 23,520,000 shares, the days-to-cover ratio is presently 0.2 days.

SMX (Security Matters) Public Price Performance

Shares of NASDAQ:SMX traded up $0.13 on Thursday, reaching $0.35. The company had a trading volume of 159,771,973 shares, compared to its average volume of 7,186,928. The stock has a 50-day moving average price of $0.62 and a 200 day moving average price of $3.59. SMX has a twelve month low of $0.18 and a twelve month high of $67.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Anson Funds Management LP purchased a new stake in SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned about 7.82% of SMX (Security Matters) Public as of its most recent SEC filing. 15.74% of the stock is owned by institutional investors.

About SMX (Security Matters) Public

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.